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Last Updated: Thu, Nov 20 2014 | 11:20 AM |
Kuwait Petroleum Corp unit signs $1 bln loan
Banking & Finance»

Kuwait Petroleum Corp unit signs $1 bln loan

Thursday, 20 November 2014 3:20 PM

Kufpec is responsible for exploration, development and production of crude oil and natural gas outside Kuwait

Kuwait's Investment Dar legal battle over Boubyan Bank stake continues
Banking & Finance»

Kuwait's Investment Dar legal battle over Boubyan Bank stake continues

Tuesday, 18 November 2014 4:54 PM

The investment firm has been embroiled in ongoing litigation since it sold the stake in the bank to Commercial Bank of Kuwait in 2008

Egypt receives $1bn grant from Kuwait
Banking & Finance»

Egypt receives $1bn grant from Kuwait

Thursday, 6 November 2014 12:22 PM

Oil-exporting Gulf countries have stepped in to prop up the ailing Egyptian economy since the army overthrew Mursi

GCC energy subsidies outweigh oil price loss: World Bank
Politics & Economics»

GCC energy subsidies outweigh oil price loss: World Bank

Wednesday, 5 November 2014 1:44 PM

Gulf countries spend $30bn a year more on energy subsidies than the total amount of revenue they stand to lose annually if the oil price remains at $80 a barrel, figures from the World Bank and IMF show

1
Kuwait's Americana says shareholder in talks on stake sale
Banking & Finance»

Kuwait's Americana says shareholder in talks on stake sale

Tuesday, 4 November 2014 4:21 PM

Major shareholder Al Khair National for Stocks and Real Estate Co in preliminary talks with 'various parties'

Kuwait's KIPCO posts 26% rise in Q3 net profit
Banking & Finance»

Kuwait's KIPCO posts 26% rise in Q3 net profit

Tuesday, 4 November 2014 3:19 PM

Kuwait Projects Co, which owns pay-TV firm OSN, says it made nearly $35m in three months to Sept 30

Kuwait's CBK cancels plan for $413m bond
Banking & Finance»

Kuwait's CBK cancels plan for $413m bond

Tuesday, 4 November 2014 2:46 PM

Commercial Bank of Kuwait says decision taken due to 'legislative and technical issues'

Kuwait's Burgan Bank rebounds to net profit in Q3
Banking & Finance»

Kuwait's Burgan Bank rebounds to net profit in Q3

Sunday, 2 November 2014 3:35 PM

Gulf state's third largest lender by assets says it made nearly $53m profit after loss in same period last year

Bank Sarasin ordered to pay $10.45m to Kuwaiti investors
Banking & Finance»

Bank Sarasin ordered to pay $10.45m to Kuwaiti investors

Friday, 31 October 2014 2:26 AM

Dubai court says Swiss bank must compensate members of Kuwait's wealthy Khorafi family

Kuwait's UPAC to invest $224m in Abu Dhabi mega mall
Banking & Finance»

Kuwait's UPAC to invest $224m in Abu Dhabi mega mall

Wednesday, 29 October 2014 1:38 PM

Construction of $1bn Reem Mall is set to start in 2015 and expects to open three years later

Jazeera eyes bid for stake in state-run Kuwait Airways
Banking & Finance»

Jazeera eyes bid for stake in state-run Kuwait Airways

Sunday, 26 October 2014 3:49 PM

Chairman Marwan Boodai says preparing to enter bidding process for 35% strategic stake in loss-making carrier

Power and profits
Transport»

Power and profits

Sunday, 26 October 2014 9:21 AM

The most influential members of the Gulf’s largest expatriate community

Transport»

InPicture: The GCC’s 100 Most Powerful Indians 2014

Sunday, 26 October 2014 9:21 AM

We present the most influential men and women of Indian origin who are making a difference in the GCC’s business and industry today.

1
Indian power means UAE power
Transport»

Indian power means UAE power

Sunday, 26 October 2014 9:19 AM

We present the most influential men and women of Indian origin who are making a difference in the UAE’s business and industry today.

1
Kuwait's central bank aims to cut bad loans to 2% by end-2015
Banking & Finance»

Kuwait's central bank aims to cut bad loans to 2% by end-2015

Saturday, 25 October 2014 10:33 AM

Kuwaiti banks were hit hard by the debt problems of local investment firms during the global financial crisis


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